Travel tech firm Navan sees strong 2027 revenue on demand from new customers

Corporate travel booking agency Navan on Wednesday forecast 2027 revenue above Wall Street estimates, banking on strong demand from on-boarding new company clients to its platform.

Shares of Navan rose over 21% in aftermarket trading.

The Palo Alto, California-based firm makes a bulk of its revenue from big enterprise customers, which includes companies in the ‌AI & technology, ⁠manufacturing and ⁠health sectors.